Defined Benefit (Pension) · DOL Form 5500 · 2023

Nexus Cooperative Pension Plan

Data updated 2026-08-11

$39M
Total assets
74
Participants
83rd
Percentile by assets
$527,246
Avg per participant
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Official DOL plan name: The Restated Noncontributory Retirement Plan for Cooperatives · Sponsored by Nexus Cooperative · Iowa · Agriculture, Forestry & Fishing

$39M in assets, 74 participants

Nexus Cooperative's The Restated Noncontributory Retirement Plan for Cooperatives reported $39M in total assets and 74 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 83rd percentile by assets (of 127,072 plans)
  • #1,149 in Agriculture, Forestry & Fishing (1,288 peers)

Where The Restated Noncontributory Retirement Plan for Cooperatives sits by assets

The Restated Noncontributory Retirement Plan for Cooperatives sits in the top quartile of all filed plans by assets, $39M for 74 participants (~$527,246/participant), up 68.5% in 2023.

$39M
total plan assets (2023 EOY)
74
covered participants
83rd
percentile by assets (of 127,072 plans)
$527,246
avg assets per participant

Where The Restated Noncontributory Retirement Plan for Cooperatives sits by total assets

The Restated Noncontributory Retirement Plan for Cooperatives vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$39,016,225 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Restated Noncontributory Retirement Plan for Cooperatives reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives end-of-year assets rose from $23M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives reported participants fell from 107 in the plan year 2022 filing to 74 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Iowa
Industry
Agriculture, Forestry & Fishing

The Restated Noncontributory Retirement Plan for Cooperatives vs the 2023 asset distribution

By assets, The Restated Noncontributory Retirement Plan for Cooperatives outranks 83% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$39M
Net Income$1M
Employer EIN420243960
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexus Cooperative)

$20M$40M$60M$80M 202220232024 $37M $71.1M ▲ +92.2%
Total plan assets by year, all Nexus Cooperative plans on file
Year Plans Participants Total Assets
2022 2 240 $37M
2023 2 203 $54M
2024 2 368 $71M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants The Restated Noncont…, Total assets ($B): 0.039016225 · Participants: 74The Restated Noncont…Transamerica Pension…, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension…Principal Cash Balan…, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balan…Midamerican Energy C…, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy C…Employers Mutual Cas…, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Cas…Non-Contributory Ret…, Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Ret…
The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare The Restated Noncontributory Retirement … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Restated Noncontributory Retirement Plan for Cooperatives by total assets, not by location.

Frequently Asked Questions

How did The Restated Noncontributory Retirement Plan for Cooperatives assets move in 2023? ▼
The Restated Noncontributory Retirement Plan for Cooperatives surged - up 68.5% during 2023, from $23M to $39M. Reported net income was $1M.
How have Nexus Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexus Cooperative's sponsor-wide assets grew 92.2%, from $37M to $71M.
Where does The Restated Noncontributory Retirement Plan for Cooperatives rank by assets among Form 5500 filers? ▼
The Restated Noncontributory Retirement Plan for Cooperatives ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Restated Noncontributory Retirement Plan for Cooperatives? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Roofers Local 221 Pension Trust Fund in HI ($39M, 351 participants).

Next read for The Restated Noncontributory Retirement …

Scale reading

Ways to act on The Restated Noncontributory Retirement Plan for Cooperatives's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420243960.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.